Bharat Global Developers Ltd , previously known as Kkrrafton Developers Ltd, has released its unaudited financial results for the quarter and half year ended September 30, 2025, showing a profitable performance amid changes in its board composition.

Financial Performance

For the quarter ended September 30, 2025, Bharat Global Developers reported:

The company's revenue for the quarter stood at Rs 616.42 lakhs, primarily driven by its agricultural products segment, which accounted for the entire revenue during this period.

Segment-wise Performance

The company's operations are diversified across several segments, with agricultural products being the primary revenue generator for the quarter:

Other segments, including construction materials, gold, textile, and electronics, did not contribute to the revenue this quarter but remain part of the company's diverse portfolio.

Board Changes

The company announced significant changes to its board of directors:

1. Resignation: Mr. Tahir Mustufa Masalawala (DIN: 08681775) has resigned from his position as a Director, effective November 20, 2025.

2. New Appointment: Mr. Ketan Chavda (DIN: 11388522) has been appointed as an Additional Executive Director, subject to shareholder approval. His appointment is also effective from November 20, 2025.

Mr. Chavda brings five years of experience in management and administrative operations to the board. His expertise includes overseeing day-to-day business activities, handling documentation and compliance, and ensuring smooth organizational functioning.

Financial Position

As of September 30, 2025, Bharat Global Developers reported:

The company's balance sheet shows a diverse asset base, with significant investments in gold, textile, and agricultural products segments.

Cash Flow

For the half-year ended September 30, 2025, the company reported:

This indicates a positive operating cash flow and strategic investments during the period.

The financial results and board changes reflect Bharat Global Developers' ongoing efforts to strengthen its market position and governance structure.

Bharat Global Developers Ltd. held a significant board meeting on July 21, 2025, making key decisions regarding its leadership and governance structure. The meeting, which took place at the company's registered office in Ahmedabad, Gujarat, lasted from 2:00 PM to 2:50 PM.

Board Approvals and Appointments

The board of directors approved several important measures during the meeting:

1. Director Regularizations: The board approved the regularization of two directors, subject to shareholder approval:

   • Mrs. Niyati Vaishnav Ambani (DIN: 07365260) as Non-Executive and Independent Director
   • Mr. Tahir Mustufa Masalawala (DIN: 08681775) as Executive Director

2. Postal Ballot Process: The board approved a postal ballot notice to seek shareholder approval for these regularizations.

3. Scrutinizer Appointment: Mr. Himanshu Togadiya, Proprietor of M/s H Togadiya and Associates (COP No.: 18233 FCS: 11822), a Practicing Company Secretary, was appointed as the scrutinizer for overseeing the postal ballot voting process to ensure fairness and transparency.

Compliance and Disclosure

The company, in compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, promptly disclosed the outcome of the board meeting to the Bombay Stock Exchange. This transparency aligns with the company's commitment to keeping shareholders and the market informed about significant corporate actions.

Company Background

Bharat Global Developers Ltd., formerly known as Kkrrafton Developers Ltd., is a company registered under CIN L70100GJ1992PLC017815. The company's registered office is located at G block, Uniza Corporate Office, Premchand Nagar Rd, opposite Krishna Complex, Satellite, Ahmedabad, Gujarat 380015.

These corporate actions, particularly the regularization of directors and the initiation of a postal ballot process, indicate the company's focus on strengthening its leadership team and ensuring proper corporate governance practices. Shareholders will now have the opportunity to vote on these important matters through the upcoming postal ballot.